Dispatches from the 10th Crusade

Entries from What's Wrong with the World tagged with 'Europe'

It appears that Europe's experiment in mass, unrestricted immigration of Muslim workers is not going terribly well. Reports are leaking out of overwhelmed German hospitals, parents who abandon their children at pharmacies, a father who knifed doctors and nurses at...

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The Long Tedium of Euro Crisis perdures. It’s clear that Greek departure is a real possibility; it’s plausible that this brings down the whole euro as a currency; but it is also conceivable that for people sedulous in gaining...

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Here is a memorable little essay by a Canadian economics professor demonstrating that behind even very sophisticated economic systems lie the brute facts of demographics. It begins this way: As you get older, your productivity will, eventually, decline. If you...

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Things have turned dire again in Europe. Hard on the heels of credit downgrades at France and Austria last week, S & P’s just downgraded the credit rating of the Eurozone bailout fund, a news item that carries a whiff...

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EUROZONE HUBRIS BLUES APPROXIMATELY* When one sad day and desperate not long from now A tidy Teutonic bureaucrat presents his furrowed brow In the halls of Athens, Madrid, Lisbon, Dublin or Warsaw; When such as these must at last endure...

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One thing that cannot reasonably be said of our times is that they are uninteresting. All at once the world is turned on its head, and none can say what will shake out. The dissolution of the euro, or the...

Well, friends, here is an arresting question: what is the focus of the sophisticated world as the summer begins to draw toward its close (here in the South, of course, the end of summer is at least eight weeks...

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What if virtually every variety of debt security were still overvalued? What if, to put it another way, the aggregate demand for debt securities had fallen off dramatically and never returned to its pre-crisis state? What if virtually every...

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The periphery of Europe continues to exhibit the frightening features of ongoing financial crisis. There is a race between Ireland and Greece to gain the shameful distinction of the first eurozone country forced by circumstances to plead for relief...

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There is an astounding tale that will, let us hope, one day be told properly, giving full range to the pulverizing improbability of it all: how it baffled settled assumptions, Left and Right, and turned the whole world on its...

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Securities markets have witnessed some extraordinary disorder in recent weeks. Back in early May there was the stomach-churning “flash crash” on the New York Stock Exchange, when some as-yet-unexplained disruption triggered a brief but precipitous collapse in US equities. One...

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It appears Ireland has sold her sovereignty to the EU. The arrangement known as the Lisbon Treaty, despite its predecessor treaty having been rejected in 2007, met with the approval of Irish voters in a referendum today. Why has Ireland...

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...That the presence of Muslims in any non-Islamic society is the condition of the inevitability of their attempt to establish sharia as normative: Manifestly, this fellow is deluded as to the intentions of Europeans; the publication of the cartoons that...

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In times such as these, I am honoured to trace my ancestry to two European signs of contradiction, Poland and Ireland; though my pride is these heritages cannot be delimited by purely political considerations, in an age dominated by malign...

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In Iraq, the basic principle has been demonstrated (again) that the Jihad is no match for the force of American arms. Man for man we will crush it. Two difficult puzzles follow from this observation: Puzzle 1: How do we...